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Bank of India Branch Manager Scale 2 salaries in India

Annual salary range
8 - 11 years exp.
₹11.5 Lakhs - ₹18 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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11% more than the average Branch Manager Scale 2 Salary in Banking Companies for 8 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Scale 2 Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹11.5 L/yr - ₹14 L/yr

Finance & Accounting
Branch Manager Scale 2 Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹16.2 L/yr - ₹19.8 L/yr

Last Updated: 14 Jan 2025

Companies similar to Bank of India for Branch Manager Scale 2

Company name Avg Annual Salary Open Jobs
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₹15 L/yr - ₹18 L/yr

arrow icon 15% more
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ICICI Bank Branch Manager Scale 2 Salary

11 - 17 years exp. (6 salaries)

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₹10.8 L/yr - ₹13.8 L/yr

arrow icon 21% less
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HDFC Bank Branch Manager Scale 2 Salary

12 - 16 years exp. (4 salaries)

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₹13 L/yr - ₹17 L/yr

arrow icon 7% more
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₹10.8 L/yr - ₹17.5 L/yr

arrow icon 7% less
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Bank of Baroda Branch Manager Scale 2 Salary

5 - 9 years exp. (6 salaries)

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₹12 L/yr - ₹15 L/yr

arrow icon 11% less
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IndusInd Bank Branch Manager Scale 2 Salary

9 - 18 years exp. (4 salaries)

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₹9.5 L/yr - ₹12 L/yr

arrow icon 27% less
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Canara Bank Branch Manager Scale 2 Salary

7 - 13 years exp. (11 salaries)

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₹11.5 L/yr - ₹16.9 L/yr

arrow icon 5% less
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₹10 L/yr - ₹20 L/yr

arrow icon 4% more
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₹4.2 L/yr - ₹17 L/yr

arrow icon 20% less
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₹12 L/yr - ₹16 L/yr

arrow icon 4% less
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₹3.7 L/yr - ₹10 L/yr

arrow icon 57% less
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Indian Bank Branch Manager Scale 2 Salary

8 - 11 years exp. (4 salaries)

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₹11 L/yr - ₹19 L/yr

arrow icon 1% less
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Federal Bank Branch Manager Scale 2 Salary

5 - 7 years exp. (3 salaries)

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₹11.7 L/yr - ₹15 L/yr

arrow icon 12% less
Branch Manager Scale 2 salary at Bank of India ranges between ₹11.5 Lakhs to ₹18 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of India.

Latest annual salaries shared by Bank of India Branch Manager Scale 2

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9 years exp.
1mo ago
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8 years exp.
1y ago
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10 years exp.
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10 years exp.
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11 years exp.

Experience wise Bank of India Branch Manager Scale 2 salaries

Last Updated: 14 Jan 2025

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹18 L/yr - ₹18 L/yr
9 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹18 L/yr
10 years (AmbitionBox Estimate)

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₹12 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)

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₹11.5 L/yr - ₹11.5 L/yr

Similar Designation salaries in Bank of India

Branch Manager Salary
(76 salaries)
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₹6.51 L/yr - ₹22 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹17.3 L/yr - ₹22.1 L/yr
Credit Manager Salary
(92 salaries)
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₹7 L/yr - ₹21 L/yr
Branch Head Salary
(9 salaries)
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₹10.4 L/yr - ₹25 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Deputy Manager Salary
(4 salaries)
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₹3 L/yr - ₹16 L/yr
Chief Manager Salary
(153 salaries)
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₹11.12 L/yr - ₹45 L/yr
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₹11.2 L/yr - ₹25 L/yr
Cluster Manager Salary
(AmbitionBox Estimate)
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₹7 L/yr - ₹9 L/yr

Salary related reviews for Bank of India

Full Time

 · 

Product Management Department

4.0
  •  posted on 08 Mar 2024

3.0
 for  Salary and Benefits

Likes

Like a typical govt bank it offers 100% job security. Decent salary. If you own then you will get to lead projects end to end. Other govt perks and benefits are unparalleled.

read more
  • Job security - Excellent

Dislikes

Sarkari culture. Sluggish work pace. Nepotism and politics. Late sitting for no reason just to appease bosses.

  • Promotions - Poor
    +2 more

Foreign Exchange Department

4.0
  •  posted on 10 Jun 2018

2.0
 for  Salary and Benefits

Likes

Good working environment, good career growth, fully secured job.

  • Job security - Excellent
    +3 more

Dislikes

...rence of the unions & officers association in the management. Too much politics. Salary not commensurate with the responsibility & accountability.

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  • Salary - Poor

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 05 Oct 2024

1.0
 for  Salary and Benefits

Likes

Only the thing is that you get salary on time and there is a provision of reimbursement....

read more

Dislikes

- Higher management does not know what marketing actually is on the field. The people, who are generalist and sitting at medium and top level management actually think that Marketing Officers are one who must not only grab the business but also generate it, which is not at all possible because conversion of leads into business depends on various factors and there are various stakeholders for this. Hence, conversion of leads into business cannot happen till the time everybody works as cooperative team member. - This is door to door sales job, various people opt this job by looking at false ratings of this profile on social media platforms managed by higher management. Also candidates who join this bank are optimistic at entry stage as they get selected after huge efforts through IBPS and get trapped after entering into this bank and at this profile. - General Banking Staff is jealous of Marketing Staff as they get additional petrol reimbursement due to their marketing efforts. - High level politics within bank. People who are in association of officers are like closed knit people of certain people in management and they only help those employees who can do flattery at extream level. - If you raise your voice on any legitimate issue, you would be targeted by management. - There are ghigh possibility of frequent transfers as transfer policy does not apply to Marketing Officers. - The standard operating procedure within the bank is not at all systematic. - Motivation or credit is not commensurate to efforts given by Marketing Officers, - There is absence of career path for Marketing Officers as they only can get promotions on Merit based channel and not on Seniority Based Channel. Once marketing officer reaches scale IV, he/she will have to opt for conversion to General Banking Stream. But there are very less opportunities for getting conversions. - Unlike specialist officers of other streams, Marketing Officers face huge hardships which include cold responses from customers as well as management. They seldomely are provided good place to even sit at various branches/offices of Bank Of India.

read more
  • Salary - Bad
    +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 16 Oct 2023

3.0
 for  Salary and Benefits

Likes

There is job security, salary is ok I guess Other than that I can't think of anything else

read more
  • Job security - Excellent

Dislikes

Management doesn't know what goes on ground level, they keep making new policy which are against the benefits of employees, no coordination between different level management. I give you a example, there used be inter zone transfer every year but it hasn't happened in the last three year. I think I can go on and on.

read more
  • Skill development - Poor
    +3 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 29 Nov 2023

2.0
 for  Salary and Benefits

Likes

Pay and package is good, connectivity is good. Leave, reimbursement, training, nearby posting,

read more
  • Job security - Excellent

Dislikes

Rude behaviour of some staff. Rude customers. More rural branches. Less importance to staff benefits. Lot of traveling due to far postings. Claims unsettled. Boring workplace. Hr not responsive.toxic work environment due to politics.

read more
  • Salary - Poor
    +5 more
see more salary related reviews

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Bank of India Branch Manager Scale 2 Salary FAQs

What is the salary of Branch Manager Scale 2 at Bank of India?
Branch Manager Scale 2 salary at Bank of India in India ranges between ₹11.5 Lakhs to ₹18.0 Lakhs for experience between 8 years to 11 years. According to our estimates it is 11% more than the average Branch Manager Scale 2 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bank of India India.
How does the salary of a Branch Manager Scale 2 at Bank of India India compare with the average salary range for this job?
The average salary of a Branch Manager Scale 2 at Bank of India is 11% more than the average salary of a Branch Manager Scale 2 in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bank of India to a Branch Manager Scale 2 in India?
  • State Bank of India Branch Manager Scale 2 Salary - ₹15.0 Lakhs to ₹18.0 Lakhs per year
  • HDFC Bank Branch Manager Scale 2 Salary - ₹13.0 Lakhs to ₹17.0 Lakhs per year
  • Bank of Maharashtra Branch Manager Scale 2 Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Branch Manager Scale 2 in companies similar to Bank of India in India?
  • Indian Bank Branch Manager Scale 2 Salary - ₹11.0 Lakhs to ₹19.0 Lakhs per year
  • Union Bank of India Branch Manager Scale 2 Salary - ₹12.0 Lakhs to ₹16.0 Lakhs per year
  • Canara Bank Branch Manager Scale 2 Salary - ₹11.5 Lakhs to ₹16.9 Lakhs per year
  • Punjab National Bank Branch Manager Scale 2 Salary - ₹10.8 Lakhs to ₹17.5 Lakhs per year
  • Bank of Baroda Branch Manager Scale 2 Salary - ₹12.0 Lakhs to ₹15.0 Lakhs per year
What is the estimated take home salary of a Branch Manager Scale 2 at Bank of India in India?
The estimated take-home salary of a Branch Manager Scale 2 at Bank of India ranges between ₹1,02,663 per month to ₹1,05,470 per month in India. The take-home salary calculation is based on the average Bank of India Branch Manager Scale 2 salary in India which ranges between ₹11.5 Lakhs to ₹18.0 Lakhs per year for employees with experience between 8 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager Scale 2 at Bank of India?
According to AmbitionBox, 100% of the Bank of India Branch Manager Scale 2s reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bank of India Branch Manager Scale 2 salary in India ranges between ₹11.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Bank of India latest salaries received from various employees of Bank of India.